MFC Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: MFC's recent call option trading volume indicates bullish sentiment, coupled with strong earnings growth from Asia that could drive prices upwards, supported by institutional investment interest.




Bearish Case: Despite positive sentiment, a potential market downturn or regulatory pressures could hamper MFC's short-term performance, especially with implied volatility spikes reflecting uncertainty.




Potential Outcomes:

1. Continued bullish trend (40%) due to solid EPS forecasts;

2. Market stagnation (30%) amidst economic uncertainties;

3. Correction (30%) influenced by potential regulatory risks.




Trading Oracle: Engage in a bullish vertical debit spread by buying MFC $30.00 calls and selling $31.00 calls for a 141-day outlook. This strategy leverages recent upward momentum in call volumes while managing risks effectively with a favorable profit potential of around 25%, aligning with Helium's volatility forecasting.



November 03, 2024


Manulife Financial Forecast

MFC        Manulife Financial











Correlated Assets

Assets that tend to move strongly with MFC



VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.98)


VT Forecast + Options Trading Strategies   VT  Vanguard Group, Inc. - Vanguard Total World Stock (0.98)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.98)


LDOS Forecast + Options Trading Strategies   LDOS  Leidos (0.97)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (0.97)



Uncorrelated Assets

Assets with little price relationship to MFC



SQ Forecast + Options Trading Strategies   SQ  Square (-0.0)


TYD Forecast + Options Trading Strategies   TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (0.0)


AMKR Forecast + Options Trading Strategies   AMKR  AMKOR Technology (0.0)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.01)



Anticorrelated Assets

Assets that tend to move strongly against MFC



ETSY Forecast + Options Trading Strategies   ETSY  Etsy (-0.89)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (-0.91)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.92)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)









Become a more profitable investor with AI optimized trading strategies






×

Chat with MFC


 Ask any question about MFC!